ACCH approves stock split ahead of November stake sale: State-owned Alexandria Container and Cargo Handling’s (ACCH) EGM approved yesterday a 10:1 stock split ahead of its planned stake sale, Al Masry Al Youm reports. ACCH is one of five companies piloting the state privatization program. The company is expected to sell 30% of its shares on the EGX in November, the company announced earlier this month. ACCH is one of three companies whose stake sales will be managed by state investment bank NI Capital.

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